Economics of Artificial Intelligence and Integral Human Development

About the Event: 

This talk will address the recent polarization of the Artificial Intelligence (AI) debate that pulls in two mutually exclusive directions of either complete takeover of future jobs by omnipotent algorithms or an absolute bliss with robots at work while humans reap the benefits of endless vacation. The literature, from Smith to Keynes and beyond, offers some initial methodological guidance. Yet, the true social and economic implications of an AI-type environment in production and labor markets are to be fully understood. With emphasis on new skills, the promised benefits of the new economy, though visible
and reachable, may not be equitably distributed in the AI-shaped society. As such, this discussion will also touch upon some of the possible public policy measures aimed at tackling the immediate fears of the looming technological change.

About the Speaker: 

Dr. Aleksandr V. Gevorkyan is Henry George Chair in economics and associate professor of economics at the Department of Economics and Finance of the Peter J. Tobin College of Business at St. John’s University, New York City. Dr. Gevorkyan is a senior research fellow at the Vincentian Center for Church and Society, a research fellow at the Center for Global Business Stewardship, and a board member at the Armenian Economic Association. Dr. Gevorkyan also serves as economics subject matter expert for the permanent observer mission of the Holy See to the United Nations. Dr. Gevorkyan’s research interests cover themes on open economy macroeconomics, macroeconomic policy, economic development, international financial economics, labor migration, and post-socialist transition economics. He is the author of “Transition Economies: Transformation, Development, and Society in
Eastern Europe and the Former Soviet Union” (Routledge, 2018).

Language: English